Cronos Group Inc. (CRON) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 44.58M | 91.31M | 36.34M | 33.45M | 32.26M | 30.3M | 34.26M | 27.76M | 25.29M | 23.91M | 24.81M | 19.02M | 19.5M | 22.89M | 28.19M | 27.81M | 28.39M | 32.62M | 20.41M | 15.62M |
| Revenue Growth % | 38.19% | 201.33% | 6.06% | 20.51% | 27.58% | 26.7% | 38.11% | 45.95% | 29.72% | 4.49% | -11.98% | -31.6% | -31.32% | -29.83% | 38.13% | 78% | 79.09% | 91.36% | 79.67% | 16.43% |
| Cost of Goods Sold | 26.12M | 75.12M | 18.01M | 18.95M | 18.53M | 19.49M | 30.65M | 21.46M | 20.8M | 22M | 20.84M | 15.92M | 16.57M | 23.12M | 23.85M | 22.24M | 20M | 30.16M | 21.14M | 31.41M |
| COGS % of Revenue | 58.58% | 82.27% | 49.55% | 56.65% | 57.43% | 64.33% | 89.46% | 77.32% | 82.27% | 92% | 84% | 83.71% | 84.99% | 101.02% | 84.59% | 79.99% | 70.45% | 92.47% | 103.58% | 201.04% |
| Gross Profit | 18.47M | 16.19M | 18.33M | 14.5M | 13.73M | 10.81M | 3.61M | 6.3M | 4.48M | 1.91M | 3.97M | 3.1M | 2.93M | -234K | 4.34M | 5.56M | 8.39M | 2.46M | -730K | -15.78M |
| Gross Margin % | 41.42% | 17.73% | 50.45% | 43.35% | 42.57% | 35.67% | 10.54% | 22.68% | 17.73% | 8% | 16% | 16.29% | 15.01% | -1.02% | 15.4% | 20.01% | 29.55% | 7.53% | -3.58% | -101.04% |
| Gross Profit Growth % | 34.47% | 49.8% | 407.67% | 130.33% | 206.36% | 464.92% | -9.04% | 103.19% | 53.16% | 917.52% | -8.58% | -44.3% | -65.11% | -109.52% | 694.84% | 135.25% | 325.27% | 116.49% | 52.5% | -297.9% |
| Operating Expenses | 19.9M | 9.22M | 18.84M | 19.83M | 17.81M | 22.17M | 37.27M | 21.86M | 20.43M | 23.55M | 25.75M | 23.72M | 23.7M | 29.03M | 42.09M | 38.13M | 48.1M | 208.11M | 53.76M | 44.43M |
| OpEx % of Revenue | 44.64% | 10.1% | 51.83% | 59.27% | 55.19% | 73.17% | 108.76% | 78.73% | 80.79% | 98.47% | 103.77% | 124.7% | 121.55% | 126.84% | 149.34% | 137.14% | 169.43% | 638.02% | 263.43% | 284.43% |
| Selling, General & Admin | 17.35M | 13.65M | 16.89M | 17.26M | 15.96M | 20.68M | 20.55M | 19.33M | 16.25M | 18.1M | 21.62M | 21.08M | 20.13M | 24.95M | 35.7M | 26.35M | 30.18M | 38.27M | 46.03M | 38.19M |
| SG&A % of Revenue | 38.92% | 14.95% | 46.47% | 51.6% | 49.48% | 68.25% | 59.98% | 69.64% | 64.28% | 75.69% | 87.14% | 110.82% | 103.27% | 109.02% | 126.65% | 94.76% | 106.32% | 117.33% | 225.58% | 244.47% |
| Research & Development | 1.39M | 1.38M | 1.34M | 929K | 793K | 1.03M | 1.24M | 962K | 997K | 1.45M | 1.25M | 1.11M | 2.04M | 2.47M | 3.51M | 5.4M | 4.9M | 8.29M | 6.47M | 5.2M |
| R&D % of Revenue | 3.13% | 1.51% | 3.7% | 2.78% | 2.46% | 3.39% | 3.62% | 3.47% | 3.94% | 6.07% | 5.02% | 5.82% | 10.46% | 10.8% | 12.45% | 19.41% | 17.27% | 25.42% | 31.72% | 33.28% |
| Other Operating Expenses | 1000K | -1000K | 602K | 1000K | 1000K | 464K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | -1.43M | 6.97M | -503K | -5.32M | -4.07M | -11.37M | -33.66M | -15.56M | -15.95M | -21.64M | -21.77M | -20.62M | -20.77M | -36.6M | -37.75M | -32.57M | -39.71M | -205.66M | -56.41M | -60.22M |
| Operating Margin % | -3.22% | 7.63% | -1.38% | -15.91% | -12.62% | -37.51% | -98.22% | -56.05% | -63.07% | -90.47% | -87.77% | -108.41% | -106.53% | -159.92% | -133.93% | -117.13% | -139.88% | -630.49% | -276.44% | -385.46% |
| Operating Income Growth % | 64.76% | 161.33% | 98.51% | 65.79% | 74.47% | 47.47% | -54.56% | 24.53% | 23.21% | 40.89% | 42.32% | 36.69% | 47.69% | 82.2% | 33.08% | 45.91% | 30.1% | -252.09% | -37.03% | 40.63% |
| EBITDA | 2.24M | -1.49M | 3.03M | -1.12M | -1.23M | -8.84M | -30.09M | -14.05M | -14.22M | -20.46M | -19.63M | -18.24M | -18.36M | -33.98M | -32.99M | -27.13M | -36.18M | -199.89M | -52.59M | -59.17M |
| EBITDA Margin % | 5.03% | -1.63% | 8.34% | -3.35% | -3.82% | -29.17% | -87.81% | -50.6% | -56.22% | -85.55% | -79.11% | -95.89% | -94.2% | -148.46% | -117.04% | -97.56% | -127.44% | -612.82% | -257.69% | -378.79% |
| EBITDA Growth % | 281.86% | 83.2% | 110.07% | 92.01% | 91.33% | 56.79% | -53.3% | 22.98% | 22.58% | 39.79% | 40.51% | 32.77% | 49.24% | 83% | 37.26% | 54.15% | 33.56% | -254.05% | -35% | 40.28% |
| D&A (Non-Cash Add-back) | 3.68M | -8.46M | 3.53M | 4.2M | 2.84M | 2.52M | 3.57M | 1.51M | 1.73M | 1.18M | 2.15M | 2.38M | 2.4M | 2.62M | 4.76M | 5.44M | 3.53M | 5.76M | 3.83M | 1.04M |
| EBIT | -1.43M | -36.05M | 27M | -4.56M | -3.52M | -11.37M | -19.28M | -15.01M | -13.89M | -18.17M | -20.35M | -20.62M | -20.77M | -47.8M | -37.22M | -31.31M | -32.8M | -49.01M | -54.49M | -60.22M |
| Net Interest Income | 8.73M | 9.71M | 11.74M | 9.15M | 9.66M | 11.86M | 12.46M | 13.45M | 14.24M | 14.21M | 13.38M | 12.47M | 11.18M | 9.5M | 7.21M | 3.77M | 2.05M | 2.38M | 2.06M | 2.29M |
| Interest Income | 8.73M | 9.71M | 11.74M | 9.15M | 9.66M | 11.86M | 12.46M | 13.45M | 14.24M | 14.21M | 13.38M | 12.47M | 11.18M | 9.5M | 7.21M | 3.77M | 2.05M | 2.38M | 2.07M | 2.3M |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7K | 7K |
| Other Income/Expense | 19.32M | -19.36M | 27.51M | -33.68M | 11.34M | 57.31M | 38.27M | 4.63M | 12.91M | -23.88M | 18.93M | 14.78M | 1.3M | -17.14M | -5.05M | 9.61M | 4.7M | 36M | 133.84M | 117.55M |
| Pretax Income | 17.89M | -12.39M | 27M | -39.01M | 7.27M | 45.95M | 4.62M | -10.93M | -3.04M | -45.51M | -2.84M | -5.84M | -19.47M | -46.85M | -42.8M | -22.96M | -35.01M | 169.65M | 77.42M | -221.66M |
| Pretax Margin % | 40.12% | -13.57% | 74.31% | -116.6% | 22.53% | 151.63% | 13.47% | -39.38% | -12.03% | -190.3% | -11.46% | -30.72% | -99.88% | -204.72% | -151.83% | -82.56% | -123.33% | 520.12% | 379.4% | -1418.88% |
| Income Tax | 2.39M | -11.89M | -1.32M | -525K | -455K | 2M | -2.71M | -2.17M | -558K | -360K | -1.25M | -180K | -1.44M | 32M | 2.93M | -396.48K | 452.58K | 343.95K | -159K | -114.97M |
| Effective Tax Rate % | 13.39% | 96.04% | -4.87% | 1.35% | -6.26% | 4.36% | -58.67% | 19.88% | 18.34% | 0.79% | 44.09% | 3.08% | 7.38% | -68.3% | -6.84% | 1.73% | -1.29% | 0.2% | -0.21% | 51.87% |
| Net Income | 13.56M | -1.82M | 25.96M | -39.71M | 6.12M | 43.73M | 8.35M | -8.76M | -2.24M | -44.79M | -1.64M | -8.36M | -19.17M | -78.86M | -51.09M | -26.03M | -40.8M | -168.99M | 77.92M | -179.07M |
| Net Margin % | 30.42% | -1.99% | 71.43% | -118.7% | 18.98% | 144.32% | 24.37% | -31.54% | -8.86% | -187.29% | -6.63% | -43.95% | -98.33% | -344.55% | -181.25% | -93.61% | -143.75% | -518.07% | 381.81% | -1146.29% |
| Net Income Growth % | 121.52% | -104.15% | 210.91% | -353.48% | 373.18% | 197.63% | 607.85% | -4.75% | 88.31% | 43.2% | 96.78% | 67.88% | 53.02% | 53.34% | -165.57% | 85.46% | 79.87% | -51.92% | 12.87% | -23.3% |
| Net Income (Continuing) | 15.49M | -491K | 28.32M | -38.48M | 7.72M | 43.94M | 7.32M | -8.76M | -2.48M | -45.15M | -1.59M | -5.66M | -18.04M | -78.86M | -45.72M | -22.56M | -35.46M | -169.31M | 77.58M | -178.79M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 124K | -182K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | 0 | 82K | -561K |
| Minority Interest | 50.32M | 49.06M | 49.55M | 47.92M | 48.36M | 46.92M | 49.75M | -3.52M | -3.58M | -3.45M | -4.15M | -4M | -2.93M | -2.92M | -4.01M | -4M | -4.04M | -2.97M | -3.84M | -3.43M |
| EPS (Diluted) | 0.04 | -0.00 | 0.07 | -0.10 | 0.02 | 0.11 | 0.02 | -0.02 | -0.01 | -0.12 | -0.00 | -0.02 | -0.05 | -0.21 | -0.10 | -0.05 | -0.09 | -0.36 | 0.21 | -0.48 |
| EPS Growth % | 124.68% | -104.27% | 210.19% | -336.68% | - | 191.67% | - | -4.57% | 88.54% | 42.86% | 95.7% | 59.52% | 41.91% | 41.67% | -147.62% | 88.73% | 80.2% | -12.5% | 16.67% | -54.84% |
| EPS (Basic) | 0.04 | -0.00 | 0.07 | -0.10 | 0.02 | 0.12 | 0.02 | -0.02 | -0.01 | -0.12 | -0.00 | -0.02 | -0.05 | -0.21 | -0.10 | -0.05 | -0.09 | -0.36 | 0.21 | -0.48 |
| Diluted Shares Outstanding | 385.31M | 385.31M | 385.31M | 385.31M | 386.96M | 386.52M | 385.98M | 382.16M | 381.44M | 381.16M | 381.1M | 380.96M | 380.63M | 378.63M | 378.11M | 376.03M | 375.02M | 374.23M | 375.65M | 371.72M |
| Basic Shares Outstanding | 385.31M | 385.31M | 385.31M | 385.31M | 382.96M | 382.34M | 382.29M | 382.16M | 381.44M | 395.15M | 381.1M | 380.96M | 380.63M | 378.63M | 369.91M | 376.03M | 375.02M | 372.5M | 372.46M | 371.72M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |